Binance said on Oct. 12 that it has launched an automatic order routing feature for spot trading and plans to make it available to eligible trading pairs by Oct. 20. The tool checks execution paths at the time an order is placed, comparing a direct trading pair with routes that pass through a highly liquid intermediary pair, then selects the better-priced option. Users are charged a single standard spot trading fee for the execution. Binance said the feature supports limit GTC, limit IOC, and market buy and sell orders. It can be turned on or off from the trading mode drop-down menu. The update was cited by Crypto Briefing and summarized by Techub News.
Binance said on Oct. 12 that it has introduced an automatic order routing feature for spot trading, with availability for eligible trading pairs planned by Oct. 20.
According to the announcement, the feature compares a direct trading pair with routes that go through a highly liquid intermediary pair when a user places an order, then executes through the option offering the better price. Users pay one standard spot trading fee.
The feature supports limit GTC orders, limit IOC orders, and market buy and sell orders. Users can switch it on or off through the trading mode drop-down menu.
The item was cited by Crypto Briefing and carried in a Techub News brief.
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